Union Pacific Co. (NYSE:UNP) Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB lifted its position in Union Pacific Co. (NYSE:UNP) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,488 shares of the railroad operator’s stock after purchasing an additional 4,075 shares during the period. Nordea Investment Management AB’s holdings in Union Pacific were worth $24,499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the company. Acadian Asset Management LLC boosted its holdings in shares of Union Pacific by 116.3% during the 2nd quarter. Acadian Asset Management LLC now owns 19,552 shares of the railroad operator’s stock worth $4,421,000 after purchasing an additional 10,511 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in Union Pacific by 11.9% in the second quarter. Daiwa Securities Group Inc. now owns 71,356 shares of the railroad operator’s stock valued at $16,145,000 after acquiring an additional 7,604 shares during the last quarter. Gryphon Financial Partners LLC boosted its holdings in shares of Union Pacific by 19.5% in the second quarter. Gryphon Financial Partners LLC now owns 2,719 shares of the railroad operator’s stock valued at $615,000 after acquiring an additional 443 shares during the period. Angeles Wealth Management LLC boosted its stake in shares of Union Pacific by 5.6% during the second quarter. Angeles Wealth Management LLC now owns 6,256 shares of the railroad operator’s stock worth $1,415,000 after buying an additional 334 shares during the period. Finally, Studio Investment Management LLC grew its position in Union Pacific by 5.3% in the 2nd quarter. Studio Investment Management LLC now owns 9,807 shares of the railroad operator’s stock valued at $2,219,000 after buying an additional 497 shares during the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analyst Weigh In

UNP has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on Union Pacific from $265.00 to $262.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Robert W. Baird cut their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Raymond James increased their price objective on Union Pacific from $265.00 to $275.00 and gave the company a “strong-buy” rating in a research note on Monday, October 14th. Susquehanna cut their price target on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Royal Bank of Canada dropped their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and an average price target of $260.30.

Union Pacific Stock Performance

UNP stock opened at $231.58 on Thursday. The stock’s 50 day simple moving average is $234.80 and its 200 day simple moving average is $238.68. Union Pacific Co. has a 12-month low of $218.55 and a 12-month high of $258.66. The firm has a market cap of $140.40 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.33 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. During the same period last year, the company posted $2.51 earnings per share. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, equities research analysts predict that Union Pacific Co. will post 10.94 EPS for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were paid a dividend of $1.34 per share. The ex-dividend date was Monday, December 9th. This represents a $5.36 dividend on an annualized basis and a yield of 2.31%. Union Pacific’s payout ratio is currently 49.22%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.